People are underestimating annual nursing home costs by an average of £16,646, a Which? survey has revealed.
Finance
Not for profit care provider Somerset Care has voiced its support for a two-part Panorama expose of the social care crisis.
Councils in England will need to spend 60% of their revenues on adult social care by 2025 unless they are bailed out for the government, an economics thinktank has warned.
The Brexit stalemate is delaying a proposed £2bn takeover of Barchester Healthcare, according to a news report.
Tory MP and prominent Brexiteer Jacob Rees-Mogg has said social care costs should be capped at £5,000.
Newly merged investment business Octopus Real Estate, part of the Octopus Group, has secured a site, subject to planning, for an 80 bed care home in Solihull.
Investors defended the role of private equity investment in social care at the LaingBuisson Social Care Conference in London yesterday.
Octopus Group has announced the merger of two businesses to maximise its growth potential in the UK property market.
Impact Healthcare REIT has announced its £21m acquisition of four Maria Mallaband and Countrywide Group (MMCG) care homes.
Health Secretary Matt Hancock has said insurance payments for elderly payments could become the new “norm”.
